Scalper1 News
Wall Street has turned cautious on Ciena (CIEN) after the fiber-optic parts maker on Thursday missed fiscal fourth-quarter earnings targets and forecast current-quarter sales below views. BMO Capital Markets upgraded Ciena stock to outperform from market perform. But FBR Capital Markets, RBC Capital Markets and UBS lowered their price targets on the stock. “Ciena’s top line and order trends remain solid, but things are still not translating to Scalper1 News
Scalper1 News